SA target audience is those coming from rm100 or rm1000 per month savings

To us “rm70k only...”

New users “wow he dump rm70k woh!”

Instead of letting robot to trade, i will invest in let human investor manage the fund utilize FSM managed portfolio

Currently using StashAway Simple in Singapore. It's pretty good as a stable high yield saving account as staging point for your cash before you invest them, just the withdrawal takes 4-5 days.

Yea they invest in money market funds.

you have FSM cash account?

it work like FSM cash account or money market funds, you put in, earn interest

you can withdraw anytimes but it takes days

I was in a survey google hangout with them just weeks ago, they intend to make it same day withdrawal.

If u really can't stomach it, better reduce ur risk to the stage that suit u risk appetite.
If not, u can't sleep well every night.

If in this situation, i just don't log in stashaway or any forum, sure sleep well, lol

lol. your emotions are clearly not ready for 36%. try lower risk index.

what's DCA mean?

StashAway said FD should not be used for emergency - I disagree.

Emergency fund should be withdrawable at a moment's notice at the expense of interest lost.

StashAway blog keeps saying FD like they only have 6-12 months of lock up period. Guess what, you can save in FD and set 1 month maturity. Even if you set say 3-6 months, you can withdraw instantly and lose just the interest earned, no big deal when its emergency kan?

Withdrawal time - FD is near instant, StashAway kena wait ~5 days.

better or not it is up to your own preference



Fee:
- SA charge annual management fee by SA + underlying management fee by EPF manager
- mutual fund charge sale charge + annual management fee by fund manager + trustee fee
management style:

Usually cost of mutual fund cost is higher due to high sale charge

Management style:
SA is investing in ETF, most ETF are passively-managed, index-tracking (there are none index-tracking actively managed ETFs launched these years)
mutual funds mostly actively managed by the portfolio manager, therefore higher cost

so it is up to your preference on index investing or u human invention in managing your investment

Mutual Fund vs. ETF: Similarities and Differences.

Which investment is insured by PIDM?
Only deposits and insurance are under the purview of PIDM.